There’s a strange idea circulating among Mexican currency traders. Well, more of a joke really. But there’s a certain logic to it. Instead of spending its precious reserves to defend the peso, Mexico should just buy Twitter Inc.—at a cost of about $12 billion—and immediately shut it down. The notion made the rounds this week after the central bank revealed it had already blown through $2 billion of reserves in a largely futile effort to shield the peso from a steady stream of anti-Mexico Tweets from Donald Trump.

Now, no one thinks this is really going to happen. And it’s hard to imagine it’d be effective anyway. But that the idea was even raised in jest shows how just how frustrated Mexicans are that their economy and the value of their savings are at the mercy of the seemingly random musings coming in 140-character bursts from Trump’s Twitter account.

“If you want to win the game, put Tom Brady on the field,” Dimon, 60, said in an interview Thursday on CBS This Morning. Trump’s “hired a lot of professional people, people that are experienced, successful, smart and patriotic,” he said.

Dimon praised Steve Mnuchin, Trump’s pick for Treasury secretary, saying the former CEO of OneWest Bank Group LLC is “very qualified” and “wants to do the right thing.”

“Rex Tillerson is a class act -- he’s smart, he’s patriotic,” Dimon said. “Almost every big company has dealings in Russia; that doesn’t mean he’s not a patriot.”

We already know Trump thinks numbers are for losers, so would it be so much of a stretch for him to excommunicate the nerds from his administration, too? Some masters of the dismal science think not. From CNBC’s Steve Liesman:

In the hallways and panels of the American Economic Association annual conference in Chicago, there was much discussion both about the economics of the Trump administration (they did not get good reviews) and the economists. "Have you met anyone here working with them?" was a common question this reporter both received and asked. The answer was always no. So far, just one academic economist has been named to the administration. Peter Navarro, the University of California Irvine economics professor, will head a newly created White House National Trade Council. CNBC contributor Larry Kudlow, former Bear Stearns economist David Malpass and the Heritage Foundation's Stephen Moore have all worked closely with Trump to design his economic plans. Gary Cohn, the former Goldman Sachs president, whose career has been almost entirely on Wall Street, has been named director of the National Economic Council. None, however, would be considered by the AEA group as an academic economist, as in one with a Ph.D., employed currently at an institution of higher learning who publishes peer-reviewed research papers.

Yay Morgan Stanley!

James Gorman and Co. have done pretty, pretty, pretty well for themselves. Per the F.T.:

Seven Morgan Stanley executives have netted about $17m selling their shares in the bank since Donald Trump’s election, capitalising on a jump in financial stocks driven by his victory. James Gorman, chairman and chief executive, has taken home $7.1m, president Colm Kelleher $3.3m and investment head Daniel Simkowitz $3.7m, company filings show. The transactions came during a historic rally for US banking stocks. The S&P 500 Banks index is up more than 24 per cent since November 9.

Wells Fargo hopes to turn around its no-good, very bad five months

In September, Wells Fargo admitted that 5,300 employees had created over 2 million sham accounts in customers’ names, without the permission of said customers. That’s not a great thing to have to admit! The scandal cost then C.E.O John Stumpf his job (and $41 million) and Wells Fargo its squeaky-clean reputation. But the bank is hoping shareholders will forgive it:

Investors bailed on the stock when the story broke in September, pushing shares down as much as 16 percent as the bank's performance badly lagged its peers. However, Wells Fargo participated strongly in the late-2016 rally, and the stock has surged more than 23 percent since the low point of the fake account scandal. Shares have fallen 1.9 percent in 2017. That sets the stage, then, for the fourth-quarter earnings report scheduled for release Friday morning. Analysts expect the company to report a profit of $1 per share on revenue of $22.45 billion, according to FactSet. Though they are still fairly strong numbers, that would be a decline of more than 2.5 percent from the same period a year ago.

On a similar note, the bank is trying to ingratiate itself to some of the employees it initially threw under the bus for the scandal, by raising their pay.